Bitcoinist - Terra developers halted network operations due to a reentrancy attack that stole over $4 million in tokens, implemented a fix, and received over 67% validator support to ensure future security

in blockchain •  4 months ago 

https://www.cointrust.com/market-news/terra-blockchain-halted-after-4-million-hack-exposes-vulnerability
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Terra developers temporarily halted network operations due to a reentrancy attack that led to the theft of over $4 million in various tokens.

The vulnerability was fixed by an emergency patch, and over 67% of validators supported the upgrade to ensure future network security.

Following the attack, Astroport’s ASTRO token fell significantly, though efforts to address the vulnerability have since helped it recover somewhat.

Beware of this attack!!

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